EXHIBIT 1
Successor Debt
Agency Service Total
Beginning Available Balance 3,647,106 4,042,911 7,690,017 Revenue
Tax Increment 7,493,300 - 7,493,300 Investment Income - - - Refunds, reimbursements and others 7,080 - 7,080 7,500,380 - 7,500,380
Expenditures
County Admin Fee and tax entity payments
Administration & Overhead 89,210 8,000 97,210 Property Maintenance - - - Legal - - -
Property Taxes 790 - 790 City Indirect Costs - - - Capital projects - - - Debt Service - 7,430,506 7,430,506 90,000 7,438,506 7,528,506
Transfers
Transfer - Admin - - - Transfer - Low/Mod (SERAF payment) - - - Transfer - 231 Debt Service (7,438,506) 7,438,506 - Transfer - General Fund - - - Transfer - CIP - -
Transfer - CDBG - - - Transfer - Parking Authority - - - (7,438,506) 7,438,506 -
Net Annual Activity (28,126) - (28,126) Ending Available Balance 3,618,980 * 4,042,911 * 7,661,891
CITY OF STOCKTON
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF STOCKTON FY 2024-25 PROPOSED BUDGET
*Excess funds will be retained by the SJ County Auditor-Controller and distributed to taxing entities (ie. County, City, schools, and special districts).